EUR/GBP H4: Short pressure rising

EUR/GBP H4: Short pressure rising

> Bullish trend broken
> Re-Test successfull
> break of structure, change in sequence
> Need a break of the current inner upward trendchannel

Even after the interest rate increase by the ECB, the EUR seems vulnarable, especially because of the ongoing Russia/Ukraine conflict.

A break of the last higher low would increase the probability of a downside movement.

Meikel & your Team WSI

Trade closed: target reached:

We reach our take profit and are closing the trade. Nice trade everyone!